--- title: "Olam completes $492m Mindsprint sale to Wipro" type: "News" locale: "en" url: "https://longbridge.com/en/news/286835262.md" description: "Olam Group has finalized the sale of its entire stake in Mindsprint to Wipro for $492 million. Following regulatory approvals, Olam plans to distribute the net proceeds to shareholders through special dividends, considering its operational and financing needs." datetime: "2026-05-19T01:10:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286835262.md) - [en](https://longbridge.com/en/news/286835262.md) - [zh-HK](https://longbridge.com/zh-HK/news/286835262.md) --- # Olam completes $492m Mindsprint sale to Wipro **It intends to distribute net proceeds to shareholders progressively through special dividends.** Olam Group has completed the sale of its entire stake in Mindsprint to Wipro for a final cash consideration of $492m (US$386m). The completion follows the receipt of all necessary regulatory approvals and the satisfaction of other closing conditions. The group intends to progressively distribute net proceeds to shareholders through special dividends, after accounting for its operational and financing needs. ($1 = US$0.78) ### Related Stocks - [WIT.US](https://longbridge.com/en/quote/WIT.US.md) - [VC2.SG](https://longbridge.com/en/quote/VC2.SG.md) ## Related News & Research - [Insider Transaction: Chandrasekhar Aparna Iyer Sells $159K Worth Of Wipro Shares](https://longbridge.com/en/news/286284273.md) - [BSE may get Nifty 50 berth in September rebalancing; stock gains 2%](https://longbridge.com/en/news/286855600.md) - [BSE set to enter Nifty 50 as Wipro faces ouster in September rejig; one-way flow pegged at $639 million](https://longbridge.com/en/news/286686947.md) - [India Inc's buyback boom hits a three-year high, but will the momentum last?](https://longbridge.com/en/news/286995240.md) - [Wipro's long wait for turnaround continues as Pallia bets big on deals](https://longbridge.com/en/news/287100962.md)